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QFX is Intuit's proprietary version of the standard OFX financial interchange file format. QFX is used in Intuit's "Web Connect" and "Direct Connect" features to transmit and receive financial information over the internet. [1] [2] [3] A QFX file is a standard OFX file with additional fields to support a licensing fee paid by institutions to ...
Intuit's Quicken used to be able to import QIF, too, but with its 2006 version it dropped that support [2] for several important account types, including checking, savings, and credit card accounts. [3] The Australian version of Quicken still allows the importing of QIF files for these account types.
QFX is a proprietary variant of OFX used in Intuit's products. In Intuit products, OFX is used for Direct Connect and QFX for Web Connect. Direct Connect allows personal financial management software to connect directly to a bank OFX server, whereas in Web Connect, the user needs to log in and manually download a .qfx file and import it into Quicken.
Quicken Online was a free, hosted solution (see software as a service) by Intuit. Intuit hosted all of the user's data, provided patches and regularly upgraded the software automatically. Intuit hosted all of the user's data, provided patches and regularly upgraded the software automatically.
⭐ User ratings Apple Store: 4.8 out of 5 stars (53,443 reviews) ... Backed by money management giant Quicken, Simplifi calls itself “best for most people” due to a clean dashboard, flexible ...
When Intuit, the makers of popular personal finance software Quicken, purchased Mint.com for $170 million, users of both services expressed concerns about the future of their favorite financial tool.